6 results for tag: blogs


Meet Peeptrade’s Past Trading Contest Winner

The Past Winner In preparation for our upcoming trading contest, we interviewed the victor of our previous contest, Nicholas Rossolillo. Nicholas ended the first trading contest with a mind-boggling Sharpe Ratio of 9.615, which is 3.849 higher than the second-placed investor. His style of investing is aggressive, and he trades primarily in equities. Nicholas began investing by himself in 2005, when he opened a Roth IRA after finishing high school. From 2012 -2014, he worked as a financial advisor at Edward Jones, before founding his own firm, Concinnity Financial, in October of 2014. Currently, he is the President of Concinnity Financial, and he ...

Be Patient on the Line

LINE Corp ($LN) IPO’d today, July 14th, in what is being described as the biggest tech IPO of the year. Initially, LINE had planned to offer 35 million shares at a price range of $26.50 to $31.50 per share. Today, they made its debut on the New York Stock Exchange at $42 per share, with a high of $44.49. This would give the company a valuation of over $9 billion. The company will be offering 22 million shares on the NYSE and the remaining 13 million will be on the Tokyo stock exchange. This article will analyze the success (or failure) of LINE’s IPO from perspectives of leadership, profitability, innovation, and growth. https://twitter.com/NY...

The Future of Barnes & Noble to Include Alcohol

Will Barnes & Noble survive if it serves alcohol and offers full-service dining? Barnes & Noble's executive team is betting that if stores offer alcohol and full-service dining, book-loving customers will come more often and stay longer. With that in mind, Barnes & Noble has announced that four suburban pilot stores in New York, California, Minnesota, and Virginia will begin doing so in 2017. According to Jaime Carey, president of development and the restaurant group, this is the way to “create a better bookstore.” In an interview with Fortune magazine, Carey put it this way: “We already have a cafe, so we said let’s have ...

Twilio Shows Exactly Why Tech Unicorns Are Valuable

Where did all the IPOs go? The number of IPOs this year has dropped. Significantly. If you look at May and June filings, that becomes readily evident. In May and June of 2015 there were 29 and 39 IPOs, dropping this year to 8 and 9, respectively. But even last year's IPOs barely topped public-to-private deals. So what’s going on here? And why did Twilio IPO if other companies aren't?  There are three core reasons for the slump in IPOs recently. First, there are the lingering effects of investment unease from the 2008 stock market crash. The overall economy simply hasn’t rebounded to full bullish levels. As a result, investors are still ...

A Look at History’s Wealthiest

Here at Peeptrade, we like to focus on the real time trading activity of investors. This week, however, we decided to take a look back. Way back, in fact, at some of history’s richest people. Our top ten list contains some of the wealthiest people in history, alongside fascinating stories about their lives and legacies. Discover how these men and women made their fortunes, and then stop by our Meet the Gurus page to see how our traders made theirs.     10. Bill Gates Net worth: $77.3 billion Lived: 1955 - Present Nation: United States About: For perspective’s sake, we decided to include Bill Gates in this list. The ...

The End is Near, and so is SXSW!

The end is near for those waiting to join Peeptrade’s social trading community. In the past several hours, Peeptrade has invited nearly 3,000 early access subscribers and plans to open its entire platform to the public at South by Southwest this year in Austin, TX. The decision to open up to the public was prompted by the fact that Peeptrade was chosen as an alternate in the South by Southwest Accelerator this year, where the company will be pitching from March 12 through March 13. Peeptrade will be building hype for the opening by attending events such as the 2016 Pre-SXSW Startup Crawl, the SXSW 2016 Startup Village, and SoFin @ SXSW ...